Large business setup in Belarus
Starting a big company requires thorough preparation and hard work, with specific challenges and aspects to consider. Let’s talk about the benefits of establishing a large company in Belarus and how our specialized strategies can help you succeed.
The process of setting up a large business
Creating a big company in Belarus involves a similar procedure to starting a small or medium-sized business. Nevertheless, because of its size and intricacy, the establishment of a large enterprise usually demands a greater amount of time and resources. The procedure can be outlined as follows:
Choose a business name
The name of the business must be original and not currently being used. You can verify the availability of a name on the Belarus Trade Registry’s website.
Select legal entity type
Choosing the right legal structure is crucial for the prosperity of your big business. Our expert advice on Private company limited by shares (SARL), Public Limited Company (SA), Branch Office, Holding Company will assist you in making a well-informed decision that suits your needs and future goals.
Set up legal address
It is crucial to have a legal address when launching a business, as it acts as the primary point of contact for government agencies, legal entities, and important business communications. Selecting a legal address that complies with local regulations and aligns with your business needs is imperative.
Get the necessary paperwork ready
Our experts will assist you in developing detailed documentation tailored to your company’s structure and objectives. We promise compliance with all legal requirements and will handle the filing procedure on your behalf.
Open a bank account
We will help you with every step of the bank account opening process, making sure that the company follows the regulations and selecting a trustworthy financial institution for your bank account in Belarus.
Company registration
We take care of the registration process with government agencies such as the Trade and Companies Register and tax authorities, allowing you to avoid the administrative hassle. This ensures that your business is legally recognized and compliant from the beginning.
Setup accounting
In order to successfully start a big business, it is important to keep precise financial records. Our accounting experts can assist in developing efficient accounting and bookkeeping procedures that adhere to the regulations of Belarus.
Large business examples
There are various industries and sectors in which large-sized businesses operate, each having unique requirements. Below are examples of large-sized businesses:
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in Belarus
Belarus is an attractive location for establishing large businesses, as it provides a wide range of benefits:
Strategic location
Belarus provides companies looking for stable operations with an industrial base, economic potential, and opportunities in manufacturing and technology. Its advantageous factors include a strategic location in Eastern Europe, a skilled workforce, and government support for innovation and entrepreneurship, making it a promising choice for businesses wanting to set up in the region.
Favorable tax regime
Belarus has a corporate income tax rate of 20%, with incentives available for investments in high-tech industries and specific regions. The country also boasts a stable business environment and a proficient workforce in sectors such as IT and manufacturing.
Banking
The banking sector in Belarus provides a stable environment for investment and offers a secure platform for individuals looking for banking and financial services in a growing economy.
Our Large business setup solutions
We understand the value of your time and resources. That is why we offer two convenient options to make the process of creating a company easier.
Business formation online
By utilizing the online platform offered by Belarus, individuals can start and finish the process of creating a business from any location worldwide. The option to track progress, send necessary paperwork, and access our services via secure digital platforms guarantees a hassle-free and convenient experience.
Business formation remotely
If you want a more hands-off approach, we are able to take care of all the paperwork for you. Our team of professionals will handle all necessary formalities, fill out the required paperwork, and communicate with the relevant authorities on your behalf to ensure you feel at ease.
Contact us
Contact us now to schedule a meeting and begin pursuing your business goals. We can embark on this journey together.